2-bedroom property · EX20 1LG
Listing removedListed 718 days
Opportunity summary
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About
A fine example of a modern day park home, this Omar Newmarket design is well laid out and spacious, offering an open plan living arrangement and two bathrooms.
Light, airy and contemporary feel throughout, the property benefits upgraded integrated appliances within the modern kitchen.
Externally the property has been tastefully landscaped with low maintenance in mind, providing peaceful sitting areas. Complete with off road parking and LPG gas fired central heating.
Council Tax Band: A (West Devon Borough Council) Tenure: Freehold Property Location Oaklands Park is in a wonderful, central location with access to much of Devon's famous sites of interest.
It is based within the vicinity of Okehampton, a pleasant town which has shopping and supermarket facilities, as well as various local pubs and restaurants.
It is the nearest community to the park itself, meaning that homeowners often venture here to buy their groceries and to get involved with local events and galas.
Open Plan Living Space 5.7m x 7.2m Kitchen Inner Hall Bedroom 2 2.7m x 2.9m Shower Room Bedroom 1 2.6m x 4.0m Shower Room 1.6m x 2.0m Outside A level plot, the enclosed gardens have been designed for ease of maintenance with several seating areas to enjoy the garden and outlook.
Complete with off road parking.
Material Information Services: - Electricity, Water & Drainage (supplied by Oaklands Residential Park) Gas Central Heating via LPG (liquid petroleum gas) bottles.
Broadband: Standard, Super & Ultrafast likely (OFCOM) Mobile: Three & O2 likely(OFCOM) Pitch Fee: £237.14 per month (includes water & drainage) Pet Friendly Site Fully Residential Site
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Oaklands Residential Park, Okehampton
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